54, Merritt Flats Totnes Road, Paignton, TQ3 3RN is a freehold flat built before 1900. The property offers approximately 506 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £74,512 , which equates to approximately £147 per square foot. It was last sold on 16 Nov 2017 for £65,000. Since then, the value has increased by £9,512, representing a 14.6% increase, or approximately 1.8% per year.

The current estimated value of £74,512 is:

  • 68.9% lower than the average property price on Totnes Road
  • 1.6% lower than the average in the TQ3 3RN postcode area
  • and 73.0% lower than the average price for Paignton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 4 October 2017, the property was recorded as owner-occupied.

View sold house prices in TQ3 3RN

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
506 sq ft
Tenure
Freehold
Floor level
3rd floor
Price (estimate)
£74,512
Price Per sq ft (estimate)
£147
Bedroom Count (estimate)
1 bedroom

EPC Summary

54, Merritt Flats Totnes Road, Paignton, Torbay, TQ3 3RN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Oct 2017.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jul 2015. The rating of E remains the same, but the energy efficiency score improved by 14.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric instantaneous at point of use to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from pitched, 25 mm loft insulation to pitched, 50 mm loft insulation, with no change in energy efficiency (poor).
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining sandstone or limestone, as built, no insulation (assumed).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to TQ3 3RN

7 th / 17
Price Rank
2% lower than average
4 th / 15
Size Rank
12% bigger than average
10 th / 15
Price Per Sq FT Rank
12% lower than average

Compared to other properties in TQ3 3RN , this flat's estimated value ranks 7th out of 17. Based on price per square foot, it ranks 10th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 15 properties in its postcode area.

Sale History

Today
£74,512
streetscan.co.uk estimate
+15 %
16 Nov 2017
£65,000
Leasehold
-7.1 %
2 Sep 2016
£70,000
Leasehold
+55.6 %
20 Nov 2015
£45,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 484 sq ft
sale price: £68,400
sale date: 8 Oct 2024
rooms: 3
size: 538 sq ft
sale price: £75,000
sale date: 13 Jan 2020
rooms: 3
size: 452 sq ft
sale price: £73,000
sale date: 23 Nov 2018
rooms: 3
size: 441 sq ft
sale price: £55,000
sale date: 31 Jul 2015
rooms: 3
size: 538 sq ft
sale price: £70,000
sale date: 12 Feb 2014

Data Sources

The property at 54, Merritt Flats Totnes Road, Paignton, TQ3 3RN appears three times in the Land Registry records, with the latest transaction recorded on 16 Nov 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Oct 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.